by Christopher Nye | Aug 31, 2022
Yesterday the euro continued to strengthen sharply against the pound, however this morning the euro has dipped against sterling in anticipation of today’s eurozone inflation rates. Markets are expecting inflation to hit 9.1% Against the dollar, the euro is still...
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by Christopher Nye | Aug 31, 2022
At the start of the week sterling fell to its lowest rate since early summer against the euro. Although sterling is still at a low compared to where it was this time last week, sterling continues to make some recovery against the euro this morning. Against the dollar,...
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by Christopher Nye | Aug 31, 2022
It has been a turbulent week so far for sterling, but recovery is on the horizon. Although still at a low compared to where it was this time last week, sterling continues to make some improvement against the euro this morning. In politics, the UK is preparing to name...
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by Charles Purdy | Aug 31, 2022
The pound has had a torrid week, falling to its lowest level against the euro since the early summer and against the US dollar since March 2020. This hardly gives the true picture, however. March 2020 was a brief blip due to the start of the pandemic. If what we’re...
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by Charles Purdy | Aug 30, 2022
The dollar gained fresh strength against sterling last week following Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium on Friday. Powell has committed the Fed to controlling inflation despite the likelihood of “some pain” to the US...
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